Luxfer Holdings PLC (LXFR) Shares Sold by Palisade Capital Management LLC NJ

Palisade Capital Management LLC NJ lessened its stake in Luxfer Holdings PLC (NYSE:LXFR) by 20.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 402,910 shares of the industrial products company’s stock after selling 101,116 shares during the quarter. Palisade Capital Management LLC NJ owned 1.50% of Luxfer Holdings PLC worth $5,016,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of LXFR. FMR LLC boosted its position in shares of Luxfer Holdings PLC by 42.2% in the second quarter. FMR LLC now owns 2,389,830 shares of the industrial products company’s stock worth $30,566,000 after acquiring an additional 709,264 shares during the last quarter. Paradice Investment Management LLC raised its holdings in Luxfer Holdings PLC by 0.8% in the second quarter. Paradice Investment Management LLC now owns 1,746,663 shares of the industrial products company’s stock valued at $22,340,000 after buying an additional 14,300 shares during the period. Deprince Race & Zollo Inc. raised its holdings in Luxfer Holdings PLC by 4.9% in the second quarter. Deprince Race & Zollo Inc. now owns 1,470,731 shares of the industrial products company’s stock valued at $18,811,000 after buying an additional 68,109 shares during the period. Renaissance Technologies LLC raised its holdings in Luxfer Holdings PLC by 3.0% in the first quarter. Renaissance Technologies LLC now owns 412,500 shares of the industrial products company’s stock valued at $5,016,000 after buying an additional 12,000 shares during the period. Finally, Kempen Capital Management N.V. raised its holdings in Luxfer Holdings PLC by 36.3% in the second quarter. Kempen Capital Management N.V. now owns 224,819 shares of the industrial products company’s stock valued at $2,875,000 after buying an additional 59,818 shares during the period. Hedge funds and other institutional investors own 85.44% of the company’s stock.

Shares of Luxfer Holdings PLC (NYSE:LXFR) opened at $13.53 on Tuesday. The firm has a market cap of $353.96, a PE ratio of 14.73 and a beta of 0.84. Luxfer Holdings PLC has a 1-year low of $9.76 and a 1-year high of $13.84. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.34 and a quick ratio of 1.22.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Monday, October 16th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend was Friday, October 13th. Luxfer Holdings PLC’s dividend payout ratio (DPR) is presently 75.00%.

A number of analysts recently issued reports on LXFR shares. BidaskClub upgraded shares of Luxfer Holdings PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, August 30th. Zacks Investment Research downgraded shares of Luxfer Holdings PLC from a “hold” rating to a “sell” rating in a report on Saturday, August 12th. Finally, ValuEngine raised shares of Luxfer Holdings PLC from a “hold” rating to a “buy” rating in a report on Wednesday, October 11th.

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Luxfer Holdings PLC Company Profile

Luxfer Holdings PLC is a holding company. The Company is a materials technology company specializing in the design, manufacture and supply of materials, components and gas-containment devices for healthcare, environmental, protection and specialty end-markets. It operates through two divisions: Elektron and Gas Cylinders.

Institutional Ownership by Quarter for Luxfer Holdings PLC (NYSE:LXFR)

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